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Ksju [112]
3 years ago
7

. Calculating Cost of Preferred Stock: Holdup Bank has an issue of preferred stock with a $3.75 stated dividend that just sold f

or $87 per share. What is the bank’s cost of preferred stock?
Business
1 answer:
gladu [14]3 years ago
7 0

Answer:

4.31%

Explanation:

Calculation for the bank’s cost of preferred stock

Using this formula

Cost of preferred stock=Dividend / Selling price of stock

Let plug in the formula

Cost of preferred stock= $ 3.75 / $ 87

Cost of preferred stock= 4.31%

Therefore the Cost of preferred stock will be 4.31%

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Operational effectiveness refers to: Group of answer choices matching the benefits of a successful position while maintaining an
Harrizon [31]

Answer:

refers to performing the same tasks better than rivals perform them.

Explanation:

Operational effectiveness is refers to the situation in which the things excel. It helps in the progression of a work and brings change in the output of the company. When the inputs of the organization are used at the best possible way to bring the maximum outputs out of them, the company is said to be experiencing the operational efficiency. In this process the company excels and leaves the competitors behind.

5 0
3 years ago
Find an equation of the line slope 2/3; through (-6,3)
Minchanka [31]
If you are given a point and the slope, use the point-slope formula.
m = 2/3
(x₁, y₁) = (-6, 3)

y - y₁ = m(x - x₁)

y - 3 = 2/3(x + 6)
y - 3 = 2/3x + 12/3
y - 3 = 2/3x + 4
y = 2/3x + 1

The equation of the line is y = 2/3x + 1.

4 0
4 years ago
What made Germany bitter after World War I?
melomori [17]

Answer:

Treaty of Versailles

Explanation:

The terms which caused the most resentment in Germany were the loss of territory, the war guilt placed solely on Germany, the deliberate effacement of the German military and the demands of reparations.

Answered by NONE other than the ONE & ONLY #QUEEN herself aka #DRIPPQUEENMO!!!

HOPE THIS HELPED!!

7 0
3 years ago
Read 2 more answers
At the end of the current year, the accounts receivable account has a debit balance of $762,000 and sales for the year total $8,
Nadya [2.5K]

Answer:

a. Adjustment for bad debts expenses in scenario a - $ 32,900

b. Adjustment for bad debts expenses in scenario b - $ 22,700

c. Adjustment for bad debts expenses in scenario c - $ 72,700

d. Adjustment for bad debts expenses in scenario d - $ 73,500

Explanation:

Computation of bad debts adjustment under scenario a

Receivables balance                                                                   $    762,000

Sales                                                                                             <u>$ 8,640,000</u>

Estimated bad debts expenses 1/2 % of sales                           $      43,200

Pre adjustment balance of allowance for uncollectible            <u>$ (     10,300)</u>

Adjustment to provide doubtful accounts                                  $      32,900

Computation of bad debts adjustment under scenario b

Estimated bad debts expenses based on ageing                     $      33,000

Pre adjustment balance of allowance for uncollectible            <u>$ (     10,300)</u>

Adjustment to provide doubtful accounts                                  $      22,700

Computation of bad debts adjustment under scenario c

Receivables balance                                                                   $    762,000

Sales                                                                                             <u>$ 8,640,000</u>

Estimated bad debts expenses 3/4 % of sales                           $     64,800

Pre adjustment balance of allowance for uncollectible DR.      <u>$       7,900</u>

Adjustment to provide doubtful accounts                                  $      72,700

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

Computation of bad debts adjustment under scenario d

Estimated bad debts expenses based on ageing                     $      65,600

Pre adjustment balance of allowance for uncollectible  DR      <u>$        7,900</u>

Adjustment to provide doubtful accounts                                  $      73,500

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

4 0
3 years ago
Brainstorming is only effective when done
scoundrel [369]

Answer:

In groups

Explanation:

Brainstorming is a problem-solving technique where members of a group are encouraged to contribute ideas that could solve the problem at hand. There are right or wrong proposals. Every suggestion is discussed extensively.

Brainstorming allows for deliberations on diverse possible solutions to a problem. The idea that is acceptable by all members is considered the group's decision.

4 0
3 years ago
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